By Dipo Olowookere
Shareholders of Custodian Investment are set to gather tomorrow for the Annual General Meeting (AGM) of the company.
The event is scheduled to take place at the Civic Centre on Ozumba Mbadiwe Avenue, Victoria Island, Lagos at 10am.
From information at our disposal, the meeting will be held in compliance with the directives of the Lagos State government, which placed ban on gathering of over 25 people.
In view of this, attendance for the AGM will mainly be through proxy as done by GTBank, which first explored this system few weeks ago.
Most companies, which had before cancelled their AGMs, have had to announce reconvening the meetings with the intension of using the part of the law, which allow them to conduct the gathering via proxy.
Meanwhile, the board of Custodian Investment has said its board will be having a meeting two weeks’ time to look into the first quarter earnings of the company.
“Notice is hereby given that the board of directors meeting of Custodian Investment Plc will hold on April 28, 2020 at 1.00pm to deliberate on and approve the company’s unaudited financial statements for the first quarter ended March 31, 2020 amongst other matters.
“Accordingly, in compliance with Custodian Investment Plc’s policy on Securities Trading and the Listing Rules of the Nigerian Stock Exchange as amended, all insiders and their connected persons are prohibited from trading in the company’s shares from April 13, 2020 until 24 hours after the release of the company’s unaudited financial statements for the first quarter ended March 31, 2020 to the Nigerian Stock Exchange and the general public,” a notice from the firm said.
Adedapo Adesanya